Weekly outlooks, sector studies and technical work that take a longer view than a single session allows.
The index has held an intact sequence of higher lows since the March pivot. Each pullback over the last four months has found buyers before undercutting the prior swing low, which is the defining characteristic of the present structure.
The level that matters is 24,380 — the most recent higher low. A daily close below it would end the sequence and shift the structure to neutral, regardless of what the headline percentage change reads on the day.
On the upside, the index is approaching the 24,880–25,000 zone where the heaviest call open interest currently sits. Moves into concentrated call OI tend to stall unless accompanied by genuine unwinding rather than fresh writing.
Leadership has rotated toward information technology and public sector banks over the last two weeks, while metals and media have persistently lagged.
Longer-form work, published weekly or as the data warrants.
Research pieces follow a fixed structure so that they can be compared against each other over time, and so that a reader can find the reasoning without reading the whole thing.
Index levels, breadth, flows, volatility and derivatives, published after the close.
The week ahead: scheduled events, option-implied range and the levels that matter.
A single sector examined in depth — fundamentals, positioning and valuation.
Structural review of the month: regime, flows, and what changed.
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